07.06.2024 17:40:09 - dpa-AFX: Geron Shares Rise After Rytelo Gets FDA Approval For Treatment Of Lower-risk MDS With TD Anemia

WASHINGTON (dpa-AFX) - Geron Corp. (GERN) shares surged by 17% on Friday
following the announcement of FDA approval for Rytelo (imetelstat) in treating
adult patients with low- to intermediate-1 risk myelodysplastic syndromes (MDS),
with transfusion-dependent (TD) anemia.

GERN is trading on the Nasdaq at $4.55, up 17.09% or $0.66 per share. It has
traded between $1.64 and $5.15 in the past 52-week period.

The FDA's decision was based on the successful IMerge Phase 3 clinical trial,
which achieved its primary and secondary endpoints, showing that Rytelo led to
significantly higher rates of red blood cell transfusion independence compared
to the placebo.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
GERON CORP. (DEL.) DL-001 902213 Frankfurt 4,094 27.06.24 08:01:36 -0,067 -1,61% 4,098 4,219 4,094 4,161

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